Kier Group plc (LON:KIE) Given Average Recommendation of “Buy” by Brokerages

Kier Group plc (LON:KIE) has earned an average recommendation of “Buy” from the eight analysts that are covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy rating. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 1,513.80 ($19.71).

Several analysts recently commented on KIE shares. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 1,639 ($21.34) target price on shares of Kier Group plc in a report on Tuesday, April 25th. Beaufort Securities reiterated a “buy” rating on shares of Kier Group plc in a report on Tuesday, April 25th. Liberum Capital reiterated a “buy” rating and issued a GBX 1,600 ($20.84) target price on shares of Kier Group plc in a report on Thursday, June 8th. Numis Securities Ltd upgraded Kier Group plc to a “buy” rating and set a GBX 1,510 ($19.66) target price on the stock in a report on Wednesday, June 28th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 1,600 ($20.84) target price on shares of Kier Group plc in a report on Thursday, June 22nd.

Get Kier Group plc alerts:

WARNING: This piece of content was reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/08/11/kier-group-plc-lonkie-given-average-recommendation-of-buy-by-brokerages.html.

Kier Group plc (LON KIE) traded down 0.50% on Friday, reaching GBX 1191.00. 172,754 shares of the company traded hands. The firm has a 50 day moving average of GBX 1,240.57 and a 200-day moving average of GBX 1,323.53. Kier Group plc has a one year low of GBX 1,120.00 and a one year high of GBX 1,505.00. The stock’s market capitalization is GBX 1.16 billion.

About Kier Group plc

Kier Group plc is a property, residential, construction and services company. The Company’s segments include property, residential, construction and services. The property division encompasses property development and structured finance, and operates across various sectors with a focus on industrial, commercial, retail, leisure sectors and public sectors.